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Therealsmaira

EURUSD: Channel Out, Buyers In

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Euro / Dolar A.S. (OANDA:EURUSD)  
Therealsmaira  
OANDA:EURUSD   Euro / Dolar A.S.
Trend Analysis Chart Patterns EURUSD Parallel Channel LL LH timing breaking
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trendanalysis chartpattern eurusd parallelchannel ll lh timing breaking
On EURUSD, a downtrend channel has been forming for many weeks, going from 1.21 to 1.15 (lowest level reached) making thus on its way LL and LH.
However, price can still break outside the channel, and we will be looking for buy setups around the support after a serious break of the previous high.
Best way to enter is to wait for the right timing

Best of Luck

~Cyril
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